Ankr Network Profile

ANKR
 Crypto
  

USD 0.0383  0.0061  13.74%   

Market Performance
2 of 100
Odds Of Distress
Less than 1
Ankr Network is trading at 0.0383 as of the 19th of August 2022, a -13.74 percent decrease since the beginning of the trading day. Ankr Network has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Cryptocurrency ratings for Ankr Network are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of August 2020 and ending today, the 19th of August 2022. Click here to learn more.
Ankr Network is peer-to-peer digital currency powered by the Blockchain technology. More on Ankr Network

Moving together with Ankr Network

0.7XRPXRPPairCorr
Ankr Network is an online market maker for p-2-p internet money called Cryptocurrency. Ankr Network has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Ankr Network are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Ankr Network are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Ankr Network Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ankr Network's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Ankr Network or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Ankr Network has very high historical volatility over the last 90 days
Ankr Network has some characteristics of a very speculative cryptocurrency

Ankr Network's Exchanges and Markets

Coinbase Kraken BitMart Binance DigiFinex Gemini Bgogo Bithumb LBank HitBTC ZB IDEX Kucoin Coinone Bibox CoinEx
Ankr Network is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 16 exchanges in multiple currencies. Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. What Ankr enables is a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud, and even public cloud. This enables Ankr to provide computing power much closer to users at a much cheaper price.The Ankr mainnet launched on July 10th, 2019The Ankr Chain and token swap:Ankr native token and the current ERC 20 token will co-exist together, each with its own purposes.The Ankr native token will run on the Ankr Chain mainnet and will be used to power the network, purchase services on the Ankr platform and incentivize compute resource providers. It can also be staked.Therefore, the token swap is optional and is only required in case a user wants to utilize any service in the Ankr platform, including staking purposes.The Ankr ERC 20 token will continue to provide the necessary liquidity on all the exchanges that listed us.
Coin TypeAnkr Network
SymbolANKR
RatingC+
Technology Adoption RatingC+
Market Performance RatingC-
NameANKR
Sponsoredfalse
Built OnETH
White PaperView
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2019-07-10
Full NameAnkr Network (ANKR)
Asset Website Urlhttps://www.ankr.com/
Platform Typetoken
Coin NameAnkr Network
Total Coins Mined10 Billion
Smart Contract AddressView
Ankr Network (ANKR) is traded on CRYPTO Exchange. Ankr Network is peer-to-peer digital currency powered by the Blockchain technology.

Ankr Network Target Price Odds Analysis

What are Ankr Network's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ankr Network jumping above the current price in 90 days from now is about 20.59%. The Ankr Network probability density function shows the probability of Ankr Network crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 1.4148. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ankr Network will likely underperform. Additionally, the company has an alpha of 0.3368, implying that it can generate a 0.34 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 0.0383HorizonTargetOdds Above 0.0383
79.33%90 days
 0.0383 
20.59%
Based on a normal probability distribution, the odds of Ankr Network to move above the current price in 90 days from now is about 20.59 (This Ankr Network probability density function shows the probability of Ankr Network Crypto Coin to fall within a particular range of prices over 90 days) .
Ankr Network is peer-to-peer digital currency powered by the Blockchain technology.

Ankr Network Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ankr Network market risk premium is the additional return an investor will receive from holding Ankr Network long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ankr Network. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ankr Network's alpha and beta are two of the key measurements used to evaluate Ankr Network's performance over the market, the standard measures of volatility play an important role as well.

Ankr Network Technical Analysis

When it comes to investing in cryptocurrency, such as Ankr Network, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Ankr Network, which is currently traded at 0.0383, shows everything you need to know about Ankr Network market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Ankr Network, to determine its price movements. However, the Ankr Network's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Ankr Network's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Ankr Network's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ankr Network Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Ankr Network price patterns.
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Ankr Network Against Markets

Picking the right benchmark for Ankr Network crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ankr Network crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ankr Network is critical whether you are bullish or bearish towards Ankr Network at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Ankr Network without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Ankr Network

You need to understand the risk of getting into digital currencies such as ANKR before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Ankr Network in four ways:

Buy ANKR through an exchange

Get yourself a crypto wallet before embarking on your Ankr Network journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Ankr Network. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Ankr Network through an exchange

You don't have to buy a full token when starting out since ANKR is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Ankr Network through a broker

If you don't want to store your Ankr Network Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in ANKR through an exchange-traded fund (ETF)

You can also invest in ANKR through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Ankr Network in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please continue to Trending Equities. Note that the Ankr Network information on this page should be used as a complementary analysis to other Ankr Network's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Tools for Ankr Network Crypto Coin

When running Ankr Network price analysis, check to measure Ankr Network's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Ankr Network is operating at the current time. Most of Ankr Network's value examination focuses on studying past and present price actions to predict the probability of Ankr Network's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Ankr Network's coin price. Additionally, you may evaluate how adding Ankr Network to your portfolios can decrease your overall portfolio volatility.
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